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20110701
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times, watch c-span, listen to npr. however, also read your history. >> well, i also read "the wall street journal" as well as "the new york times" to get a balanced view. [laughter] >> and our friends at the journal will like that. >> yeah. >> um, if founders were somehow magically transported here today, what would they recognize, and what would shock them? >> well, the question you ask is interesting in itself. i give a talk to people like this audience here, and inevitably someone will say, well, what would thomas jefferson think of affirmative action, or what would george washington think of the invasion of iraq? i mean, those are really fascinating questions that people, ordinary people will ask. and, you know, you can't imagine other countries doing that. i mean, i don't think anyone in england would say, well, what would one of the two william pitts' think of david cameron's goth? they just wouldn't ask that. so we have an intimate connection. and historians have mocked that. and i don't mock it. lincoln had that connection, however, and it's not so easy to mock lincoln. he
the debt and, many tea partiers and many americans think we can cut out spending on npr and arts funding and foreign aid and that will take care of the debt problem and that is less than 1% of the budget, you have to cut the programs americans don't touched and the democrats keep swearing, oh, we'll never touch medicare and social security, well then we'll have debts and, deficits as far that's eye can see. >> michelle bachmann said she doesn't think we have to raise the debt ceiling. what are your thoughts. >> i'm very interested in the, because it doesn't make any sense. we have enough revenue coming in from the taxes, month-to-month, week-to-week, to service the national debt and pay social security, and medicare and medicaid. so i don't understand why our rating would go down unless the ratings agencies are trying to suck up to the democrats, on the other hand, i have seen some economists say, yes, it will lower our debt rating and will make -- it doesn't make any sense, because it is the equivalent of, you payer mortgage month-to-month and make those piloavements and you stop buying
Search Results 0 to 2 of about 3 (some duplicates have been removed)